LeftyFingerPop
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Thu Aug-16-07 08:39 AM
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Speaking of investments.... |
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Damn...I would not put any new money into the stock market just yet.
It has been in a free fall recently...and it is my belief that the main driver (sub prime mortgage market) is a horrible beast that is just now rearing its head.
Watching your assets deteriorate on a daily basis is similar, or worse, than a barbed wire enema.
I'm not kidding, this is not looking good. Be careful, or short the hell out of it if you are limber know how to short. This whipsaw of a stock market is amazing me.
Just my opinion.
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IndianaJones
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Thu Aug-16-07 08:45 AM
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1. other than shorting, which has always been intimidating to me... |
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where is a good place to put some money now to make some sort of decent gain? Bonds? Small caps?
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LeftyFingerPop
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Thu Aug-16-07 08:49 AM
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I don't short either...it's too risky and you have to be quick and much smarter than I will ever be.
Things are so messed up right now, I would forget about any gains and go for the protection of good old cash (CD's, money markets, etc). I would not even touch bonds until this sub-prime thing settles.
Just my opinion.
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IndianaJones
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Thu Aug-16-07 09:02 AM
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3. I finally get some extra income I would like to invest... |
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and this happens. I may as well go shoot craps with it.
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OllieLotte
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Thu Aug-16-07 11:54 AM
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11. I think this is good advice. |
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There will be some good buying opportunities down the road with that cash.
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Wcross
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Thu Aug-16-07 10:06 AM
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Buy a whole bunch of puts on vulnerable stocks.
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La Lioness Priyanka
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Thu Aug-16-07 09:33 AM
Response to Original message |
4. this is why i am risk adverse. |
LeftyFingerPop
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Thu Aug-16-07 09:44 AM
Response to Reply #4 |
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Edited on Thu Aug-16-07 09:46 AM by philboy
I would go with CD's and rest well at night.
I have been losing $1,000 to $2,000 per day, everyday, and it is times like this that the thought of losing, say, 60% of your investment on paper is not inconceivable.
I hate the stock market.
I've been going through this shit since 2000, and have pretty much lost any gains.
Oh well, at least I have my health. Oh wait....no I don't! :rofl: :rofl:
I think the baby Jesus hates me.:P :hi:
edit: added :hi:
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IndianaJones
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Thu Aug-16-07 09:46 AM
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6. Jesus is love...its been a bull market for 2000 years. nt. |
LeftyFingerPop
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Thu Aug-16-07 09:47 AM
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are a troll, and I'm not biting today :rofl: :rofl: :rofl: :rofl: :rofl:
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IndianaJones
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Thu Aug-16-07 09:50 AM
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8. accusations in the face of truth. sad. nt. |
Parche
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Thu Aug-16-07 10:38 AM
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And it is going down today again........................:hi:
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Brigid
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Thu Aug-16-07 12:02 PM
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the stock market is more accurately referred to a a casino. It might as well be in Vegas.
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DU
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Thu May 02nd 2024, 02:57 PM
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